It's a good thing the market sentiment is down at the moment. Allows people to get into stocks like lcm at bargain prices. Even at current price, the stock doesn't take into account the growth of ITL and the oil and gas industry in general. On top of that you have a good dividend yield as well.
Pie funds recently bought in and they are a savvy group....
I bought yesterday and will continue to add. With cash rates the way they are stocks will rise ....at least into mid next year, then reevaluate. My opinion is that interest rates will further dip down by 1 pcnt over the year or two. Stocks paying a good dividend will benefit.
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